NOT LISTED FOR SALE

38 Belmont Ave Garfield, NJ 07026

Estimated Value: $664,000 - $886,000

7 Beds
4 Baths
2,860 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $680,000 $238 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,141/month

14 Days on Market

About This Home

As of June 2022

OPPORTUNITY KNOCKS!!! Brick 4 Family Investment opportunity. 4 Updated Apartments w/ tons of Parking. All units have been tastefully updated...3 of the units have 2 BR's/1BA, One unit has 1BR/1BA. Other amenities include Separate utilities, Updated Water Heaters & newer laminate flooring throughout! The yard is absolutely incredible and a very rare find in a building like this. Great opportunity to live in one and collect rent in three units or buy as an entire investment with great rent roll potential! Don't let this incredible investment slip away!

Last Agent to Sell the Property

Ronald Aiosa

Keller Williams Prosperity Realty Listed on: 11/03/2021

Keller Williams Prosperity Realty

Co-Listed By

William Boswell

Keller Williams Prosperity Realty

Last Buyer's Agent

Sylwia Kaldon

Modern Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,176

Lot Details

  • 5,001 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00007 / 00082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,176

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-696-0077
  • MLS Status: Sold - Sold
  • Directions: River Road to Belmont Avenue
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Remarks: Unfinished, storage & utilities

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 9176.0
  • Tax Block: 00082
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jun 2, 2022
Sold by
39 Belmont Rental Llc
Bought by
32 Belmont Rental Llc
Seller's Agent
Ronald Aiosa
Keller Williams Prosperity Realty
Buyer's Agent
Sylwia Kaldon
Modern Realty Group
List Price
$690,000
Sold Price
$680,000
Premium/Discount to List
-$10,000
-1.45%
Current Estimated Value
$743,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,614
Avg. Annual Appreciation
2.84%
Original Mortgage
$476,000
Outstanding Balance
$452,349
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$291,265

Purchase Details

Closed on
Oct 23, 2017
Sold by
Est May Teresa and Szczerbaniweicz E Marek Z
Bought by
38 Belmont Rental Llc

Purchase Details

Closed on
Sep 12, 2016
Sold by
Szczerbaniewicz Zbigniew and May Teresa
Bought by
Szczerbaniewicz Zbigniew and May Teresa
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
32 Belmont Rental Llc $680,000 Chicago Title
38 Belmont Rental Llc -- --
Szczerbaniewicz Zbigniew -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 32 Belmont Rental Llc $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $680,000 -1.4% $238 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $690,000 -- $241 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,837 $384,700 $109,300 $275,400
2024 $12,622 $384,700 $109,300 $275,400
2023 $11,999 $384,700 $109,300 $275,400
2022 $9,663 $309,800 $109,300 $200,500
2021 $9,381 $309,800 $109,300 $200,500
2020 $9,176 $309,800 $109,300 $200,500
2019 $9,003 $309,800 $109,300 $200,500
2018 $8,801 $309,800 $109,300 $200,500
2017 $8,647 $309,800 $109,300 $200,500
2016 $8,389 $309,800 $109,300 $200,500
2015 $8,182 $309,800 $109,300 $200,500
2014 $7,965 $309,800 $109,300 $200,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21043663

New Jersey MLS

APN: 21-00082-0000-00007